Weiss Ratings Reaffirms "Sell (D)" Rating for Haymaker Acquisition Corp. 4 (NYSE:HYAC)

Key Points

• Weiss Ratings has reiterated its "Sell (D)" rating for Haymaker Acquisition Corp. 4 (NYSE:HYAC), indicating ongoing concerns about the stock's performance.
• Conversely, Wall Street Zen upgraded Haymaker Acquisition Corp. 4 from a "sell" to a "hold" rating in early August, highlighting differing analyst opinions on the stock.
• Institutional investors hold approximately 71.07% of Haymaker Acquisition Corp. 4's stock, with significant recent increases in positions from firms such as Mizuho Securities and JPMorgan Chase.

Haymaker Acquisition Corp. 4 (NYSE:HYAC - Get Free Report)'s stock had its "sell (d)" rating reiterated by equities researchers at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen raised Haymaker Acquisition Corp. 4 from a "sell" rating to a "hold" rating in a report on Sunday, August 3rd. One analyst has rated the stock with a Sell rating, According to MarketBeat, Haymaker Acquisition Corp. 4 has a consensus rating of "Sell".

Haymaker Acquisition Corp. 4 Stock Performance

NYSE:HYAC opened at $11.35 on Wednesday. Haymaker Acquisition Corp. 4 has a 1 year low of $10.65 and a 1 year high of $11.39. The stock's fifty day moving average is $11.24.

Institutional Trading of Haymaker Acquisition Corp. 4

A number of large investors have recently modified their holdings of the business. Mizuho Securities USA LLC boosted its position in shares of Haymaker Acquisition Corp. 4 by 65.1% during the 1st quarter. Mizuho Securities USA LLC now owns 250,495 shares of the company's stock valued at $2,718,000 after acquiring an additional 98,793 shares during the last quarter. JPMorgan Chase & Co. bought a new position in shares of Haymaker Acquisition Corp. 4 in the 2nd quarter worth $1,110,000. Finally, Wolverine Asset Management LLC increased its holdings in shares of Haymaker Acquisition Corp. 4 by 34.2% in the 2nd quarter. Wolverine Asset Management LLC now owns 1,002,049 shares of the company's stock worth $11,123,000 after buying an additional 255,385 shares during the last quarter. Institutional investors own 71.07% of the company's stock.

Haymaker Acquisition Corp. 4 Company Profile

Haymaker Acquisition Corp. 4 is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. Haymaker Acquisition Corp. 4 is based in New York.

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